VATupdate

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China to Cut Export VAT Rebate for New Energy Vehicles

  • China will reduce the VAT export rebate rate for new energy vehicles from 13% to 9%.
  • The lower rebate will apply from April 1, 2027.

Source: reuters.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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